Gov. Northam announces temporary changes to Virginiaâs unemployment insurance Gov. Northam holding a press briefing in Richmond (FILE) (Source: VPM) By WHSV Newsroom | December 22, 2020 at 4:35 PM EST - Updated December 23 at 12:20 AM
RICHMOND, Va. (WHSV/Office of Gov. Northam Press Release) â On Tuesday, Governor Ralph Northam announced temporary changes to Virginiaâs Unemployment Insurance Program that will support workers and businesses throughout the commonwealth who have been affected by the coronavirus pandemic.
According to a press release from the governorâs office, this change will protect Virginia businesses from having to pay an additional $200 million to replenish the Unemployment Insurance Trust Fund. The release also says Northam is directing the Virginia Employment Commission (VEC) to begin distributing unemployment insurance benefits to unemployed residents who have been held in the agencyâs determination process.
News to Know for Dec. 23: Trump calls for $2k stimulus checks; Moderna vaccines arriving in Va.; Northam freezes tax on unemployment insurance FILE - In this Nov. 2, 2020 file photo, sunlight shines on the U.S. Capitol building on Capitol Hill in Washington. (Source: AP Photo/Patrick Semansky, File) By Hannah Eason | December 23, 2020 at 8:58 AM EST - Updated December 23 at 8:58 AM
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Gov. Northam announces tax freeze on unemployment insurance to protect businesses
Virginia businesses tax break By A.J. Nwoko | December 23, 2020 at 12:20 AM EST - Updated December 23 at 12:20 AM
RICHMOND, Va. (WWBT) - Tuesday, Governor Ralph Northam announced temporary changes to the Commonwealthâs Unemployment Insurance (UI) program that would support Virginia workers and businesses that have been affected by the COVID-19 pandemic.
Executive Order Seventy-Four requires the Virginia Employment Commission (VEC) to mitigate a potential rise in the UI experience rating tax for businesses by holding them harmless for lay-offs that occurred during the pandemic. The temporary change will protect Virginia businesses from having to pay an additional $200 million to replenish the Unemployment Insurance Trust Fund.
Governor Northam Takes Action to Protect Businesses from Increasing Cost of Unemployment Insurance
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Actions will speed relief to Virginians, help weather pandemic during challenging winter months ~
RICHMOND Governor Ralph Northam today announced temporary changes to the Commonwealth’s Unemployment Insurance (UI) program that will support Virginia workers and businesses whose livelihoods have been affected by the ongoing COVID-19 crisis. Executive Order Seventy-Four requires the Virginia Employment Commission (VEC) to mitigate a potential rise in the UI experience rating tax for businesses by holding them harmless for lay-offs that occurred during the pandemic. The temporary change will protect Virginia businesses from having to pay an additional $200 million to replenish the Unemployment Insurance Trust Fund. The Governor is also directing the VEC to begin automatically distributing UI benefits to unemployed Virginians who have been held in the agency’s determination proce
Northam order spares Virginia businesses from higher unemployment insurance taxes thecentersquare.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecentersquare.com Daily Mail and Mail on Sunday newspapers.